How I started Trading - My Journey

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Allow me to introduce myself, my name is Sunil Chandiramani, a trader who embarked on an exciting trading journey at the age of 17, just like many other eager individuals in the early 2000s. Back then, I was driven by the desire for quick profits and relied on tips and news articles without much knowledge or experience.

As you can imagine, my initial foray into trading resulted in significant losses. However, those losses became the catalyst for invaluable lessons that transformed my approach to trading. I quickly realized that success in trading is not about relying on luck, but about taking charge and focusing on factors within my control in the market.

One of the most crucial lessons I learned was the importance of risk management. Instead of trying to predict market movements with precision, I discovered that minimizing drawdowns and managing risk effectively were key to long-term success. Trading when the reward-risk ratio is in my favor became my mantra.

Patience and discipline also emerged as vital attributes in my trading journey. I learned to resist the temptation of impulsive trades and instead wait for favorable trading opportunities. By adhering to my trading plan and exercising discipline, I was able to make more informed decisions and avoid emotional pitfalls.

Understanding the underlying narrative of the market became a cornerstone of my trading approach. Through extensive research and staying informed about economic indicators, news, and market trends, I gained a deeper comprehension of the forces at play. This knowledge allowed me to align my trades with the broader market context and make more strategic decisions.

Trading, I realized, is not a game of chance but a strategic process that demands a clear and informed approach. It requires continuous learning, adapting to market conditions, and refining strategies based on experience. Armed with these lessons, I shifted my mindset and began trading with a well-thought-out strategy, aiming for consistent results rather than chasing quick profits.

Now, I share my experiences and the lessons I've learned with the hope of inspiring and assisting fellow traders on their own journeys. I emphasize the significance of risk management, patience, discipline, market understanding, and the strategic nature of trading. By embracing these principles, traders can navigate the markets with confidence, improve their decision-making, and increase their chances of achieving consistent success.

Remember, trading is a journey of continuous learning, growth, and adaptation. With dedication, perseverance, and a disciplined approach, we can unlock the potential of the markets and achieve our trading goals.